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Market Trends

Stay abreast of market movements with the latest reports and relevant articles. 

10 Fun Facts About Bitcoin

Bitcoins have come a long way. In the past, only the tech-savvy saw bitcoin as the 'currency of tomorrow'. Today, bitcoins have become a global phenomenon that is much talked about. If you are just coming on-board the cryptocurrency bandwagon, here are 10 facts you should know about bitcoin to get started.

1) It is a form of cryptographically secured digital currency.
More popularly known as a ‘Cryptocurrency', bitcoin is electronically created and stored, which means it does not exist physically. It is built upon a technology known as the blockchain which is essentially a  decentralised virtual ledger that keeps track of every transaction.

2) The creator still remains a mystery.
In 2008, a programmer (or a group of programmers) under the pseudonym ‘Satoshi Nakamoto’ released a whitepaper that introduced the concept of a digital currency and highlighted the vision of bitcoin, which is to create a peer-to-peer transaction system that eliminates the need to trust a third party to handle transactions.

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The Federal Reserve and Jerome Powell – Phillip Futures Research

Source: Shutterstock

Jerome H. Powell was nominated in late November by President Trump to lead the Federal Reserve.

Current Fed Situation

The Federal Reserve (Fed) Board of Governors supervises and regulates the operations of the Federal Reserve Banks and the U.S. banking system in general. They are also the decision making body for monetary policies. The Fed Board of Governors consists of 7 members, of which at present there are 3 vacant seats due to resignations by members. In November current Fed Chairman Janet Yellen stated that she will step down from Fed after her term ends in February 2018. This would mean that after she steps down, there will be 4 vacant seats in the Fed Board of Governors. Therefore President Trump will be able to nominate 4 candidates of his choice to fill these seats, and revamp the Fed.

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Phillip Futures Research: Global Market Outlook 2018

Source: Shutterstock

Read more for the outlook on the USA, UK, Europe, Japan, China and Singapore's market.

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Phillip Futures Research: Commodities Outlook for 2018

What should we expect from Crude Oil in 2018?

As the markets seek a global drawdown on inventory, oil prices have recovered considerably since 2014. OPEC and its partnering countries have been successful in driving up oil prices through a grand plan that emphasizes on supply reduction.

They have affirmed their commitment on an agreement extension till end 2018 and it has resulted in bolstering oil prices.

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Understanding Swaps And Spreads In Forex Trading

Forex trading offers you a sustainable way of deploying your risk capital, by allowing you to leverage your initial investment capital many times over. It is common for forex brokers to offer their clients the opportunity to enter into trades that have a value of up to 50 times of the margin required.

Understand how leveraged forex trading works. Learn from the experts at Phillip Futures seminars now.


Of course, high leverage has a flip side and could be a double-edge sword. Instead of making a large profit, you may make an equally big loss. That is why it is important to use only your risk capital – the amount that you can afford to lose.

Selecting a good broker is also essential. You must make an effort to understand the costs that you are paying. High trading costs can eat into your profits or result in increasing your losses. One area that you must ensure that you familiarise yourself with is that of swaps and spreads.

What do these terms mean and how can they impact your trading profitability?

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Guide to MetaTrader 5: Everything you need to know to start using MT5 now

What Is A Trading Robot?

Automated trading, also referred to as algorithmic trading or trading robots, can take the human component, such as greed and fear, out of the process of executing a trade. By devising a sound strategy and using automated trading effectively, it is possible to follow through your trading system and not miss out on a lucrative opportunity.

How Do I Get A Trading Robot?

With Phillip Future’s MetaTrader 5 platform, you can get your very own customized trading robot, know to the platform as an “Expert Advisor” (EA). An Expert Advisor (EA) is essentially a mechanical trading system that allows you to operate in the financial markets.

What will this EA do? Based upon the instructions that you have given, it will instantaneously perform the required technical analysis of the price data. It will also control your trading activity without the need for you to intervene.

There are 3 ways you can obtain an automatic trading robot:

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5 Popular Forex Trading Strategies That Actually Work (even for beginners)

Forex trading can be a lucrative investment option. A full-time trader can earn a significantly high return on the funds that are deployed in this activity. Although currency prices fluctuate by very small margins, it is possible to multiply your returns by using leverage.

A forex broker will offer you the opportunity to enter into trades that are 100 times or even more of the value of the margin that you place. As the market is highly liquid, you can open a trade or exit from one very quickly, so there is potential to make substantial returns.

Learn more about forex trading. Sign up for the latest “Powerful Trading Strategies for Forex and MT5” seminar by Phillip Futures here. 

But you don’t need to be a full-time trader to take advantage of the benefits that the forex market offers. Even part-time traders can gain from the forex market. All that you need to do is to devote a few hours a day to this activity.

Many traders are confused about which trading strategy to use. There is a large number that is available and some of them are very complicated and difficult to implement.

Here is a brief description of 5 simple strategies that can help you to maximise your profits:

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How The Next FOMC Meeting Will Affect Your Trading

The US Federal Reserve’s September meeting didn’t spring many surprises. As expected, short-term interest rates remained unchanged. For the time being, they will continue to stay in the 1% to 1.25% range.

Fed Chair Janet Yellen announced that beginning in October, the process of normalising the central bank’s balance sheet would begin. In the years since the global financial crisis of 2007-08, the Federal Reserve had more than quadrupled the size of its balance sheet to US$4.5 trillion by large purchases of mortgage-backed securities and Treasuries.

Source: Brookings Institution

Although the announcement that the balance sheet size would be reduced was anticipated, it is important to note that this step signals a major shift in policy. The quantitative easing that led to the ballooning of the balance sheet was initiated in November 2008 to counter the effects of the turmoil in the financial markets. The intention was to increase the money supply and to keep interest rates low.

Quantitative easing was discontinued in 2014 as the economy was thought to have recovered sufficiently. Now the Fed is initiating the next stage of its monetary policy. Janet Yellen says, “We think the economy is performing well…. We are working down our balance sheet because we feel stimulus is no longer needed.”

The process will be slow and will begin with a reduction of US$10 billion a month and gradually rise over the next year to US$50 billion a month.

Learn how the FOMC Meeting will affect your trading, at the Oct 25 webinar hosted by CME Group and Phillip Futures.

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6 Tips To Become A Successful Forex Trader

Making money on the forex market is not easy. It requires patience and discipline. To succeed in this highly competitive field, it is absolutely essential that you devise a well thought out plan and stick to it.

Sign up for Learn How to Trade the World’s Largest Financial Market – Forex, a forex trading seminar hosted by Phillip Futures, today!

Remember that trading involves both winning and losing. You should know how much of your capital you are willing to lose in a single day. Additionally, you should set a limit on the amount that you are willing to risk on every individual trade that you make.

In fact, you have to make a careful study of the currency pairs that you plan to trade in and come up with a set of rules that you will follow. If your strategy is sound and you implement it consistently, there is no reason why you should not be able to make a decent amount of returns in the long run.

Here are a few points that may help you trade forex successfully. See if you can use some of this advice to increase the returns from your trading activity.

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Trading Commodity Futures – Here’s What You Need To Know

The commodity futures market is one avenue that can provide you with the opportunity to make a return on your capital in a short period of time.

When you trade in commodity futures, you are essentially entering into a speculative transaction. If you expect that the price of a certain commodity, say oil, will rise in the future, you can enter into a contract that will result in a profit if your reading of the market was correct. Conversely, you will lose money if the market moves in the opposite direction.

You can enter into commodities futures contracts for precious metals like gold, silver, and platinum, or agricultural products like crude palm oil, rubber, and sugar. You can also trade in base metals like copper, aluminium, and tin. Futures contracts are also available for light sweet crude, Brent crude, natural gas, and heating oil.

Interested to trade oil commodity futures but don’t know how to start?
Sign up for the Oil Trading 101 webinar now.

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